DFM Foods announced that the brownfield expansion of capacity at the company's Greater Noida facility has been completed and commissioned. With this expansion, the total capacity of the company has increased from 20,308 MT per annum to 25,308 MT per annum, DFM Foods said. The announcement was made after market hours yesterday, 16 December 2015.
State Bank of India (SBI) announced after market hours yesterday, 16 December 2015, that a meeting of its Committee of Directors is scheduled on 21 December 2015 for seeking umbrella approval of the shareholders of the bank for a period of one year for raising equity capital in the domestic or overseas markets and also for mopping up additional non-equity capital by way of bonds denominated either in dollars or rupees
Majesco announced that Maryland Auto Insurance (MAI) successfully implemented Majesco P&C Suite and Majesco Bureau and Content Services for its commercial auto line of business. The implementation aims to enable MAI to transform its business by providing enhanced customer service through real-time policy issuance, Majesco said. The announcement was made after market hours yesterday, 16 December 2015.
Mahindra Lifespace Developers announced that the rating agency Crisil has upgraded rating on the long term and short term bank loan facilities and non-convertible debentures of the company. The announcement was made after market hours yesterday, 16 December 2015.
KDDL announced that rating agency CrisiL has upgraded the credit rating of the company with effect from 15 December 2015 for long term bank loan facilities from 'CRISIL BBB-/Stable' to 'CRISIL BBB/Stable' and for short term bank loan facilities from 'CRISIL A3' to 'CRISIL A3+'. The announcement was made after market hours yesterday, 16 December 2015.
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Blue Star Infotech announced that pursuant to the business transfer agreement (BTA) dated 29 September 2015, with Infogain India for sale of the information technology (IT) business of the company, Blue Star Infotech expects the closing date pursuant to the BTA, to be 31 December 2015. Effective 1 January 2016, the IT business of the company is expected to be conducted by Infogain India, Blue Star Infotech said. The announcement was made after market hours yesterday, 16 December 2015.
Hubtown announced that owing to the liquidity crunch, the company has delayed the redemption in full, the principal amount of the rated secured redeemable non-convertible debentures aggregating Rs 100 crore. The due date for redemption was 14 December 2015. Hubtown said it is exploring alternative sources of finance to generate adequate cashflows to overcome the liquidity crunch and is hopeful that these efforts will yield fruitful results. The announcement was made after market hours yesterday, 16 December 2015.
Thomas Cook (India) announced before market hours that Thomas Cook India Group successful closed acquisition of Kuoni Travel (India) Private Limited.
Anuh Pharma announced after market hours yesterday, 16 December 2015, that the company has received World Health Organization (WHO) prequalification for the product Sulfadoxine.
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